Fredericksburg United Methodist Church Foundation Inc

Analysis

Fredericksburg United Methodist Church Foundation Inc is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fredericksburg United Methodist Church Foundation Inc reported income of $55k and spending of $38k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $58k to $55k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 718%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fredericksburg United Methodist Church Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include New England Prayer Center Inc ($55k), Reformed Seminary Incorporated ($55k) and International Church Ministries Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.